Uptown at Lake Oswego

The Property:
Uptown at Lake Oswego is a 47-unit community built in two phases in 1955 and 1987. Both phases were renovated by its previous owner between 2012-2015 . The property was fully stabilized at time of sale. The Uptown at Lake Oswego has a prime location in the city’s quaint downtown business district. With a completed value add, the property was marketed as a cash flow opportunity.

Opportunities and Challenges: The owner had purchased this property through HFO two years earlier in order to complete property upgrades and bring rents to market. With the value-add complete, the owner was looking to exchange out of the property. HFO reached out to investors in its network seeking properties requiring low maintenance with good cash flow.

Results: HFO was able to locate a buyer seeking to exchange up. Pricing and terms were adjusted to accommodate both parties.

HFO Quote

HFO is a very well run brokerage and goes above and beyond in providing information to investors. I really like their roundtables, market updates and podcasts.

Rachel S., Menlo Park, CA

My listing was in a smaller market and HFO did a great job of finding buyers. They also did an excellent job handling all the backroom financials and documents.

Lee S. Keizer, OR

HFO is professional, knowledgeable and honest. They get it done.

Michael K., San Francisco, CA

I have done 5-6 deals with HFO, and things have gone so well. I use HFO exclusively.

G. Weakly, Vancouver, WA

HFO really knows the Portland area and will be able to find the right deal for you.

David P., Hong Kong

HFO has always been there for me with my many complicated commercial real estate questions, and provided great broker opinions of value year after year along with expert advice. I continue to value your input as industry leaders and innovators in the commercial arena. I’ve been to HFO’s conferences, watched HFO-TV, and read their communications to inform me as an owner/manager. I appreciate the HFO team and the way they have always looked out for us and gone the extra mile in service!

S.V., Seattle, Washington

HFO doesn't lead sellers into unrealistic expectations of pricing. They are exceptional and advocate for both buyers and sellers' interest.

Doug R., Reno, NV

Rand is awesome, great to work with. He works hard and follows up. The process was smooth and well organized.

Gary G., Puyallup, WA

HFO did a great job – they are well connected. I got quality advice from Rob and Cody that wasn’t self-serving.

Dennis C., Spokane Valley, WA

My experience with HFO was very, very positive.

L. Kaslofsky, San Francisco, CA

There were many landmines in my transaction, and I am glad to have hired HFO because they handled it well. HFO is the only company my wife and I would recommend.

J. Eichler, Mesa, AZ

HFO does a great job on the web and email keeping owners posted on the whole political scene.

Richard R., Palm Desert, CA

Since 2006, HFO has consistently been recognized by CoStar as one of Portland Metro's Top Five Commercial Real Estate Brokerage firms based on transaction volume. In March of 2020, HFO once again earned this distinction for the 2019 calendar year.

CoStar Group

I have brokers calling me all the time. Greg Frick is the only one I’ve talked with who left me feeling smarter after the conversation. I’ve become a loyal client of HFO.

John E., Portland, OR

For the tenth year in a row, HFO Investment Real Estate is one of Portland's top philanthropic corporations. (2019)

The Portland Business Journal

I like that HFO focuses solely on multifamily and does it really well. I like the blog and appreciate HFO-TV. HFO has the experience and focus to get me the best multifamily deal. I wouldn't use anyone else.

Kenny G., West Linn, OR

I appreciated Adam’s responsiveness, experience, and knowledge.

Itzik S., Eugene, OR

HFO sets itself apart as a firm that has agents with the honesty and integrity to be trusted, close in a timely fashion and meet the needs of both buyer and seller.

Andrew F., Salem, OR

Every time I had a problem Todd took care of it. The level of service at HFO is excellent.

Paul H., Lake Oswego, OR

HFO’s insight, knowledge of the property purchased was extremely valuable. It was a complicated 1031 exchange and the communication was spot on. I have already referred HFO to others.

Don O., Hillsboro, OR

I am such a fan of HFO. HFO is night and day better than the firm we used before and I am 100% loyal to them.